Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market

##Highlights of the Article: 1. Superyacht sales declined in 2023, with a 17% drop in new superyacht sales compared to the previous year. 2. Sales of superyachts over 200 meters decreased by 40%, mainly attributed to Russian buyers withdrawing from the market after the Ukraine invasion. 3. Despite the decrease in new sales, there was […]